About your Search

20130416
20130424
Search Results 0 to 7 of about 8 (some duplicates have been removed)
foreign policy. and there's no disagreement about that in my country, that parliament passed last year unsl a policy, a resolution which def the icelandic objectives in the arctic. so together with the other countries, we hope to play a constructive part, and evidence of this was that a few months ago, one of our april civil servants and officials was chosen as the first director general of the secretary of the rctic council. >> the icelandic is coming out of financial turmoil. what would you consider the future of the krona, and are you at all considering any alternative currency for iceland? >> i think it's a positive indication of how we have moved out of the financial crisis, but i can come here to the national press club, and only when six minutes are left, i get that question orkt financial issue. nobody would have believed that four or five years ago. but that is the state of co together again and talk about how we recovered from the financial crisis and how we dealt with the crisis in a different way from many oer countries, how we did not follow the established orthodoxies of
pillar of our 21st century foreign policy. there's no disagreement about that in my country. the parliament passed last year anonymously a policy resolution which defined the icelandic objective in the arctic. so together with the other nordic countries we hope to play a constructive part and evidence of this was that few months ago one of our april servant was the first director general of the secretary of the arctic. >> several currency questions. the icelandic money is coming out of financial turmoil. what would you consider the future of the money? and are you considering any alternative currency for iceland ? >> i think it's a positive indication of how we have all dealt with the financial crisis. i can comment on the national press club only six minutes are left and i get that question. [laughter] of the financial issues. nobody would believe that for a five years ago. without in state of affairs we could perhaps come together again and talk about how we're the financial crisis and how we dealt with a crisis in a different way from many other countries. how we did not
right or wrong, you'll never get in trouble. if you want to be critical of foreign policy because you belief, as a citizen -- remember, we have a thing called the constitution. all men are created equal. everybody, at least from the beginning, white, male, 2 1, with property, could vote. since then we've expanded -- well, i'm not being sarcastic because in terms of the world to have any white male who was sovereign, that we were sovereign. the american revolution declared the people sovereign rather than a king or queen. you couldn't have a king or queen taking your land away because they had finch it to you through sovereign rights. so if every citizen has a right to say what they should or should not do in our government, we would think we could respect that, and yet at the very beginning of the iraq war, when susan sarandon and tim robbins spoke out against the war, they had their invitation to talk to the baseball hall of fame withdrawn. and right after that i had a crew from fox news come to my house to interview me, because i don't go to the studios anymore. they want me? they
think for the foreign exchange market, it's more a question of policy action. and now, because we're in this limbo, that leaves sterling a little bit of limbo. >> meanwhile, the treasury there is targeting sales of 4 to 5 billion sales in six-month and is 1-month t bills. yes, same with italian yields, as well, michael. are we now at the low point in the cycle for spanish and italian yields? who is going to drive them lower from here and why would you? >> i think the market has seen a lot of liquidity expansion. first from the fed and then lastly from the bank of japan. and combined with the renewed commitment from the ecb to protect the euro, this has depressed yields to these kind of levels. i think it's difficult to see us going dramatically further. and if anything, strategically, we think that the three major problems in europe, the recession, inconsistent crisis management and rising political and social backlash against austerity are likely to come through and that leaves spain and italy very vulnerable to a sharp increase in yields. we're looking, for example, for 10-year
is not an investment but an insurance policy against the collapse of the dollar. when your cost of insurance goes down, it means you're healthier. the chicken little scenario, larry, we run trillion-dollar deficits, borrow half from foreigners, they'll stop lending us money or at least not at low rates and we'll crash. now, that's not going to happen. because of the energy boom, we're going to have the first trade surplus in a generation by 2020, as things are going. and that means we can finance things deficits as far as the eye can see. doesn't mean the economy isn't weak. we will have a deficit. the good news is, our credit is going to be good. the rest will keep lending us money at low interest rates and that's a big plus for the stock market. >> peter schiff, an interesting take that david goldman has used and i've given him a hat tip for it. energy independence, we don't have to import from the saudis other other people, the trade baume' go into surplus. that would be good for the dollar and that in turn would really crush gold. that's a strong dollar, not the volcker way, peter, as you pointed
things that thatcher government did was scrap foreign exchange controls when it came to power in the late 1970s. so absolutely. privatization, eventual greater competition within the previously owned government sectors was a big plus. and obviously one contentious p policy was power between employers and trade unions. arguably now the u.k. has a much better industrial relations record than it did before 1979. >> you have to remember though in the '70s, you and i were doing our homework by candlelight when we had a three-day week. it did need rebalancing from that point of view. takes those lessons from those micropolicies which were successful whether there's some lessons today that need to be drawn by this current government because they are trying to kick-start wider only ownership but thatcher gave people the right to own their own homes but they had to qualify for mortgage on affordable income. >> that's one thing which the thatcher government did particularly in the early to mid 1980s. the big liberalization financial markets. scrapping of competition and credit control happened a lo
to be critical of foreign policy because you believe as a citizen we have a thing called the constitution. all men are created equal. everyone from the beginning white, male. since then we've expanded. i'm not being sarcastic because in terms of the world to have any white male who is sovereign, the american people declared it rather than a king or queen. you couldn't of a king or queen taking your land away because they had given it to use your sovereign rights of everyone has a right to say what they should or should not do in our government we should expect that and yet at the beginning of the iraq war map when they spoke out against the war they had their invitation to talk to the baseball hall of fame and right after that i had a crew from fox news come to my house to interview me because i don't come to the studio anymore. if they want me they can come to my house. the first question the reporter susan sarandon onu think tim traders'. i turned to her and i said when did i stop beating my life. we want to let you know how this plays out we went on the air and i tried to explain how every
Search Results 0 to 7 of about 8 (some duplicates have been removed)